Despite its small size and limited quantities of oil reserves, South Africa has various options for improving the security of its oil supplies — particulary at a time of fluctuating oil prices and geopolitical tension in major oil-producing regions.
In “Application of a multi-criteria integrated portfolio for quantifying South Africa’s crude oil import risk” (ERSA Working Paper 108), Hammed Amusa, Njeri Wabiri and Krish Chetty present an appeal for a comprehensive investigation into the security of the country’s oil supplies, and recommend a coordinated and considered approach to oil importing.
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